After the sale of the company, we have:9-15 months of personal expenses in savings to live off ofStart with $100k cash and do micro flips to avoid the risk of a hard money lender and losing our tail if something doesn't go right or sell quick enoughOnce the house sells, reinvest all the cash back into the next flip and continue doing this until we are doing multiple flips at a time (he can manage 4 large projects at a time by himself, so we assume up to 4 active flips at a time eventually)Pros of doing this:No longer having to manage W2 employees/operations (this used to be my role but now that we have kids I want to stay home, not do this)Getting a larger chunk of cash to start flipping quicker vs waiting 1+ years to save enough cash for the first flipUsing cash reduces our risk of losing money with a hard money lender if the project takes longer to sell, rehab, etc.

Going directly with a builder template or draftsman will reduce the design costs.

You can use that income to reduce your DTI and be able to qualify for a higher mortgage, if necessary.  

Keep your sites clean, reduce your liability exposure, keep your loss run reports clean and premiums from increasing. 2.

This would give you more legal standing if they don’t leave on time.Walkthrough: Ensure you do a thorough walkthrough with your general contractor once the seller is fully out to assess any new damage or necessary changes to the scope of work.Planning ahead like this will give you peace of mind and reduce the chances of things going sideways during the transition!

This enables them to act quickly when a promising property becomes available, reducing the risk of losing out to other buyers.

By being open to single family homes as well it really increases your choices, and for us, reduced the cost per door of acquiring our properties.  

Rural doesn't necessarily preclude a property for many lenders, but it will reduce the ltv (typically to 65%).

Plus, demographically speaking, assisted living will be the most in demand asset class over the next few decades, further reducing risk and driving increased rates an opportunity.  

I know there is an ATI exemption that reduces the taxable value by ~25%.Anyone else went through this and can advise on how to move forward with this?